Wheaton Precious Metals (TSE:WPM - Get Free Report) had its price target increased by analysts at Peel Hunt from C$95.00 to C$110.00 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. Peel Hunt's price objective indicates a potential upside of 4.74% from the company's current price.
Several other research firms have also recently weighed in on WPM. Stifel Canada raised shares of Wheaton Precious Metals from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. TD Securities increased their target price on Wheaton Precious Metals from C$76.00 to C$78.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Finally, UBS Group upgraded shares of Wheaton Precious Metals to a "strong-buy" rating in a research report on Monday, November 18th. Five analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of C$97.00.
Read Our Latest Stock Report on Wheaton Precious Metals
Wheaton Precious Metals Trading Up 2.6 %
Shares of Wheaton Precious Metals stock traded up C$2.62 during trading on Tuesday, hitting C$105.02. The stock had a trading volume of 688,098 shares, compared to its average volume of 659,833. The firm has a market cap of C$33.30 billion, a price-to-earnings ratio of 54.65 and a beta of 0.70. Wheaton Precious Metals has a 12 month low of C$58.72 and a 12 month high of C$106.17. The business's 50-day moving average is C$92.05 and its 200 day moving average is C$87.71.
Wheaton Precious Metals Company Profile
(
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Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.
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